Eagle County Market Data January 2012 Presented by David McHugh e-PRO Kenton Hopkins MRE, CRS, GRI Benjamin Finn Land Title Guarantee Company For addional market informaon please contact us at 970-845-8053 or VBCBrokers.com
MARKET ANALYSIS Eagle County, Colorado January, 2012 Month to Month Comparison by Total Dollar Volume Month
2008
% of Previous Year
2009
% of Previous Year
2010
% of Previous Year
2011
% of Previous Year
January February March April May June July August September October November December
$124,253,400 $207,081,600 $228,388,700 $137,700,500 $158,543,900 $188,121,300 $243,432,100 $211,288,800 $169,448,700 $167,365,200 $174,144,400 $225,150,500
72% 82% 86% 59% 53% 57% 128% 67% 65% 78% 80% 111%
$40,487,500 $56,760,800 $59,372,400 $57,947,000 $70,751,600 $95,286,400 $59,677,500 $91,791,200 $100,847,572 $96,167,100 $82,428,395 $86,926,716
33% 27% 26% 42% 45% 51% 25% 43% 60% 57% 47% 39%
$86,864,200 $100,161,634 $131,701,100 $130,653,350 $124,810,690 $141,821,150 $88,131,800 $101,212,200 $235,695,303 $133,924,900 $113,577,217 $108,618,689
215% 176% 222% 225% 176% 149% 148% 110% 234% 139% 138% 125%
$86,162,658 $82,622,700 $131,955,600 $100,701,000 $119,819,895 $67,869,777 $48,698,653 $82,557,973 $82,858,500 $112,774,000 $124,878,900 $117,149,200
99% 82% 100% 77% 96% 48% 55% 82% 35% 84% 110% 108%
$104,492,288
121% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
YTD - TOTAL
$124,253,400
75%
$40,487,500
33%
$86,864,200
215%
$86,162,658
99%
$104,492,288
121%
Annual Totals
$2,234,919,100
75%
$898,444,183
40%
$1,497,172,233
167%
$1,158,048,856
77%
$104,492,288
9%
2012
% of Previous Year
2012
% of Previous Year
Month to Month Comparison by Number of Transactions Month
2008
% of Previous Year
2009
% of Previous Year
2010
% of Previous Year
2011
% of Previous Year
January February March April May June July August September October November December
104 131 145 117 107 172 157 110 166 175 120 102
59% 48% 69% 53% 40% 60% 77% 39% 67% 97% 63% 68%
46 55 44 54 79 78 75 99 123 106 84 95
44% 42% 30% 46% 74% 45% 48% 90% 74% 61% 70% 93%
79 95 102 116 105 121 92 101 115 115 112 97
172% 173% 232% 215% 133% 155% 123% 102% 93% 108% 133% 102%
90 82 129 106 121 92 92 126 132 130 121 136
114% 86% 126% 91% 115% 76% 100% 125% 115% 113% 108% 140%
90
100% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
YTD - TOTAL
104
60%
46
44%
79
172%
90
114%
90
100%
Annual Totals
1,606
60%
938
58%
1,250
133%
1,357
109%
90
7%
The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.
VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251 fax: (970) 476-4534
AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
Market Analysis by Area Includes: Commercial, Residential and Vacant Land
January, 2012
Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$5,200,000
4.98%
2
2.22%
$2,600,000
n/a
Booth Creek, The Falls
$485,000
0.46%
1
1.11%
$485,000
n/a
11th Filing, Vail Golf Course
$0
0.00%
0
0.00%
$0
$0
Vail Village
$24,034,400
23.00%
8
8.89%
$3,004,300
$1,440,000
Lionshead
$0
0.00%
0
0.00%
$0
$0
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$1,290,000
1.23%
3
3.33%
$430,000
$365,000
Cascade Village, Glen Lyon
$0
0.00%
0
0.00%
$0
$0
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$325,000
0.31%
1
1.11%
$325,000
n/a
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
Intermountain, Matterhorn, Vail Village West
$665,000
0.64%
3
3.33%
$221,667
$200,000
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
Eagle Vail
$5,112,000
4.89%
2
2.22%
$2,556,000
n/a
Avon
$2,108,700
2.02%
6
6.67%
$351,450
$284,600
Mountain Star
$0
0.00%
0
0.00%
$0
$0
Wildridge
$1,707,500
1.63%
2
2.22%
$853,750
n/a
Beaver Creek
$14,416,500
13.80%
6
6.67%
$2,402,750
$1,475,000
Bachelor Gulch
$12,847,500
12.30%
2
2.22%
$6,423,750
n/a
Arrowhead
$0
0.00%
0
0.00%
$0
$0
Berry Creek, Singletree
$3,063,000
2.93%
4
4.44%
$765,750
$539,000
Edwards
$0
0.00%
0
0.00%
$0
$0
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
Lake Creek, Squaw Creek
$12,611,200
12.07%
2
2.22%
$6,305,600
n/a
Cordillera Valley Club
$985,000
0.94%
1
1.11%
$985,000
n/a
Cordillera
$4,000,000
3.83%
2
2.22%
$2,000,000
n/a
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$2,425,000
2.32%
2
2.22%
$1,212,500
n/a
Eagle
$2,354,700
2.25%
7
7.78%
$336,386
$327,000
Gypsum
$4,847,188
4.64%
21
23.33%
$230,818
$149,900
Basalt, El Jebel and Misc. In-County
$5,448,000
5.21%
13
14.44%
$419,077
$340,000
Quit Claim Deeds
TOTAL
$566,600
0.54%
2
2.22%
$283,300
n/a
$104,492,288
100.00%
90
100.00%
$1,180,974
$411,000
The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.
VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251 fax: (970) 476-4534
AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
Market Analysis by Area Includes: Commercial, Residential and Vacant Land
Year-To-Date: 2012, through January Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Bighorn, East Vail
$5,200,000
4.98%
2
2.22%
$2,600,000
n/a
Booth Creek, The Falls
$485,000
0.46%
1
1.11%
$485,000
n/a
11th Filing, Vail Golf Course
$0
0.00%
0
0.00%
$0
$0
Vail Village
$24,034,400
23.00%
8
8.89%
$3,004,300
$1,440,000
Lionshead
$0
0.00%
0
0.00%
$0
$0
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$1,290,000
1.23%
3
3.33%
$430,000
$365,000
Cascade Village, Glen Lyon
$0
0.00%
0
0.00%
$0
$0
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$325,000
0.31%
1
1.11%
$325,000
n/a
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
Intermountain, Matterhorn, Vail Village West
$665,000
0.64%
3
3.33%
$221,667
$200,000
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
Eagle Vail
$5,112,000
4.89%
2
2.22%
$2,556,000
n/a
Avon
$2,108,700
2.02%
6
6.67%
$351,450
$284,600
Mountain Star
$0
0.00%
0
0.00%
$0
$0
Wildridge
$1,707,500
1.63%
2
2.22%
$853,750
n/a
Beaver Creek
$14,416,500
13.80%
6
6.67%
$2,402,750
$1,475,000
Bachelor Gulch
$12,847,500
12.30%
2
2.22%
$6,423,750
n/a
Arrowhead
$0
0.00%
0
0.00%
$0
$0
Berry Creek, Singletree
$3,063,000
2.93%
4
4.44%
$765,750
$539,000
Edwards
$0
0.00%
0
0.00%
$0
$0
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
Lake Creek, Squaw Creek
$12,611,200
12.07%
2
2.22%
$6,305,600
n/a
Cordillera Valley Club
$985,000
0.94%
1
1.11%
$985,000
n/a
Cordillera
$4,000,000
3.83%
2
2.22%
$2,000,000
n/a
Wolcott
$0
0.00%
0
0.00%
$0
$0
Bellyache, Red Sky
$2,425,000
2.32%
2
2.22%
$1,212,500
n/a
Eagle
$2,354,700
2.25%
7
7.78%
$336,386
$327,000
Gypsum
$4,847,188
4.64%
21
23.33%
$230,818
$149,900
Basalt, El Jebel and Misc. In-County
$5,448,000
5.21%
13
14.44%
$419,077
$340,000
Quit Claim Deeds
TOTAL
$566,600
0.54%
2
2.22%
$283,300
n/a
$104,492,288
100.00%
90
100.00%
$1,180,974
$411,000
The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.
VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251 fax: (970) 476-4534
AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
All Residential Transactions January, 2012
Improved Residential
Eagle County, Colorado Sale Under $500,000 $500,001 to $1,000,000 $1,000,001 to $1,500,000 $1,500,001 to $2,000,000 $2,000,001 to $2,500,000 $2,500,001 to $3,000,000 $3,000,001 to $3,500,000 $3,500,001 to $4,000,000 $4,000,001 to $4,500,000 $4,500,001 to 5,000,000 Over $5 Million Improved Residential Total: Residential Vacant Land and Commercial Total*:
Number of Transactions 37 15 8 4 2 1 1 0 0 2 4 74
Total Dollar Volume $10,378,300 $10,310,500 $10,753,100 $7,417,500 $4,450,000 $2,800,000 $3,300,000 $0 $0 $9,550,000 $42,297,500 $101,256,900
Average Sales Price $280,495 $687,367 $1,344,138 $1,854,375 $2,225,000 $2,800,000 $3,300,000 $0 $0 $4,775,000 $10,574,375 $1,368,336
16
$3,235,388
$202,212
Total Number of Transactions
Sale Single Family Multi Family Vacant Residential Land
Number of Transactions 41 33 7
Total Dollar Volume $67,955,600 $33,301,300 $851,000
Average Sales Price $1,657,454 $1,009,130 $121,571
Total
81
$102,107,900
$1,260,591
Total Dollar Volume
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,000,001 to $1,500,000 11%
$500,001 to $1,000,000 20%
$1,500,001 to $2,000,000 7%
$1,500,001 to $2,000,000 5%
Over 2 Million 62%
Over 2 Million 14%
$1,000,001 to $1,500,000 11% $500,001 to $1,000,000 10%
Under $500,000 50%
Under $500,000 10%
* includes all non-improved residential transactions The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate. Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
All Residential Transactions
Improved Residential
Year-To-Date: 2012, through January Eagle County, Colorado Sale Under $500,000 $500,001 to $1,000,000 $1,000,001 to $1,500,000 $1,500,001 to $2,000,000 $2,000,001 to $2,500,000 $2,500,001 to $3,000,000 $3,000,001 to $3,500,000 $3,500,001 to $4,000,000 $4,000,001 to $4,500,000 $4,500,001 to 5,000,000 Over $5 Million Improved Residential Total: Residential Vacant Land and Commercial Total*:
Number of Transactions 37 15 8 4 2 1 1 0 0 2 4 74
Total Dollar Volume $10,378,300 $10,310,500 $10,753,100 $7,417,500 $4,450,000 $2,800,000 $3,300,000 $0 $0 $9,550,000 $42,297,500 $101,256,900
Average Sales Price $280,495 $687,367 $1,344,138 $1,854,375 $2,225,000 $2,800,000 $3,300,000 #DIV/0! #DIV/0! $0 $10,574,375 $1,368,336
16
$3,235,388
$202,212
$1,000,001 to $1,500,000 11%
Number of Transactions 41 33 7
Total Dollar Volume $67,955,600 $33,301,300 $851,000
Average Sales Price $1,657,454 $1,009,130 $121,571
Total
81
$102,107,900
$1,260,591
Total Dollar Volume
Total Number of Transactions
$500,001 to $1,000,000 20%
Sale Single Family Multi Family Vacant Residential Land
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
$1,500,001 to $2,000,000 5%
$1,500,001 to $2,000,000 7% Over 2 Million 14%
Under $500,000 50%
Over 2 Million 62%
$1,000,001 to $1,500,000 11%
$500,001 to $1,000,000 10% Under $500,000 10%
* includes all non-improved residential transactions The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate. Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
Commercial Transactions January, 2012 Eagle County, Colorado
Sale Commercial Improved Commercial Vacant Development Vacant
Number of Transactions 2 3 0
Total Dollar Volume $1,354,200 $320,588 $0
Average Sales Price $677,100 $106,863 $0
YTD Number of Transactions 2 3 0
YTD Total Dollar Volume $1,354,200 $320,588 $0
YTD Average Sales Price $677,100 $106,863 $0
Total
5
$1,674,788
$334,958
5
$1,674,788
$334,958
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate. Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
Residential Improved Transactions Excludes: Vacant Land and Commercial
January, 2012 Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Transaction Price
Avg. Price/sq. ft
Bighorn, East Vail
$5,200,000
5.14%
2
2.70%
$2,600,000
n/a
$483
Booth Creek, The Falls
$485,000
0.48%
1
1.35%
$485,000
n/a
$308
11th Filing, Vail Golf Course
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$23,799,400
23.50%
7
9.46%
$3,399,914
$1,480,000
$1,384
Lionshead
$0
0.00%
0
0.00%
$0
$0
$0
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$0
$1,290,000
1.27%
3
4.05%
$430,000
$365,000
$363
Cascade Village, Glen Lyon
$0
0.00%
0
0.00%
$0
$0
$0
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$325,000
0.32%
1
1.35%
$325,000
n/a
$226
Highland Meadows
$0
0.00%
0
0.00%
$0
$0
$0
Intermountain, Matterhorn, Vail Village West
$615,000
0.61%
2
2.70%
$307,500
n/a
$260
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
$0
Eagle Vail
$5,112,000
5.05%
2
2.70%
$2,556,000
n/a
$283
Avon
$1,839,500
1.82%
5
6.76%
$367,900
$300,000
$271
Mountain Star
$0
0.00%
0
0.00%
$0
$0
$0
Wildridge
$1,707,500
1.69%
2
2.70%
$853,750
n/a
$214
Beaver Creek
$14,416,500
14.24%
6
8.11%
$2,402,750
$1,475,000
$763
Bachelor Gulch
$12,847,500
12.69%
2
2.70%
$6,423,750
n/a
$866
Arrowhead
$0
0.00%
0
0.00%
$0
$0
$0
Berry Creek, Singletree
$2,798,000
2.76%
3
4.05%
$932,667
$549,000
$263
Edwards
$0
0.00%
0
0.00%
$0
$0
$0
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
$0
Lake Creek, Squaw Creek
$12,611,200
12.45%
2
2.70%
$6,305,600
n/a
$708
Cordillera Valley Club
$985,000
0.97%
1
1.35%
$985,000
n/a
$260
Cordillera
$4,000,000
3.95%
2
2.70%
$2,000,000
n/a
$236
Wolcott
$0
0.00%
0
0.00%
$0
$0
$0
Bellyache, Red Sky
$1,950,000
1.93%
1
1.35%
$1,950,000
n/a
$333
Eagle
$2,329,700
2.30%
6
8.11%
$388,283
$331,000
$138
Gypsum
$3,497,600
3.45%
13
17.57%
$269,046
$222,000
$129
Basalt, El Jebel and Misc. In-County
$5,448,000
5.38%
13
17.57%
$419,077
$340,000
$169
Quit Claim Deeds
$0
0.00%
0
0.00%
$0
$0
$0
100.00%
74
100.00%
$1,368,336
$514,500
$398
TOTAL
VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251 fax: (970) 476-4534
$101,256,900
AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com
Residential Improved Transactions Excludes: Vacant Land and Commercial
Year-To-Date: 2012, through January Eagle County, Colorado
Area
Total Dollar Volume
% of Volume
Number of Transactions
% of Transactions
Average Transaction Price
Median Avg. Price/sq. Transaction Price ft
Bighorn, East Vail
$5,200,000
5.14%
2
2.70%
$2,600,000
n/a
$483
Booth Creek, The Falls
$485,000
0.48%
1
1.35%
$485,000
n/a
$308
11th Filing, Vail Golf Course
$0
0.00%
0
0.00%
$0
$0
$0
Vail Village
$23,799,400
23.50%
7
9.46%
$3,399,914
$1,480,000
$1,384
Lionshead
$0
0.00%
0
0.00%
$0
$0
$0
Spraddle Creek
$0
0.00%
0
0.00%
$0
$0
$0
Potato Patch Lionsridge, Sandstone, The Ridge, The Valley
$0
0.00%
0
0.00%
$0
$0
$0
$1,290,000
1.27%
3
4.05%
$430,000
$365,000
$363
Cascade Village, Glen Lyon
$0
0.00%
0
0.00%
$0
$0
$0
Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge
$325,000
0.32%
1
1.35%
$325,000
n/a
$226
0.00%
0
0.00%
$0
$0
$0
Highland Meadows
$0
Intermountain, Matterhorn, Vail Village West
$615,000
0.61%
2
2.70%
$307,500
n/a
$260
Minturn, Redcliff
$0
0.00%
0
0.00%
$0
$0
$0
Eagle Vail
$5,112,000
5.05%
2
2.70%
$2,556,000
n/a
$283
Avon
$1,839,500
1.82%
5
6.76%
$367,900
$300,000
$271
Mountain Star
$0
0.00%
0
0.00%
$0
$0
$0
Wildridge
$1,707,500
1.69%
2
2.70%
$853,750
n/a
$214
Beaver Creek
$14,416,500
14.24%
6
8.11%
$2,402,750
$1,475,000
$763
Bachelor Gulch
$12,847,500
12.69%
2
2.70%
$6,423,750
n/a
$866
Arrowhead
$0
0.00%
0
0.00%
$0
$0
$0
Berry Creek, Singletree
$2,798,000
2.76%
3
4.05%
$932,667
$549,000
$263
Edwards
$0
0.00%
0
0.00%
$0
$0
$0
Homestead, South 40
$0
0.00%
0
0.00%
$0
$0
$0
Lake Creek, Squaw Creek
$12,611,200
12.45%
2
2.70%
$6,305,600
n/a
$708
Cordillera Valley Club
$985,000
0.97%
1
1.35%
$985,000
n/a
$260
Cordillera
$4,000,000
3.95%
2
2.70%
$2,000,000
n/a
$236
Wolcott
$0
0.00%
0
0.00%
$0
$0
$0
Bellyache, Red Sky
$1,950,000
1.93%
1
1.35%
$1,950,000
n/a
$333
Eagle
$2,329,700
2.30%
6
8.11%
$388,283
$331,000
$138
Gypsum
$3,497,600
3.45%
13
17.57%
$269,046
$222,000
$129
Basalt, El Jebel and Misc. In-County
$5,448,000
5.38%
13
17.57%
$419,077
$340,000
$169
Quit Claim Deeds
TOTAL
VAIL The Landmark 610 W. Lionshead Circle Suite 200 Vail, CO 81657 ph: (970) 476-2251 fax: (970) 476-4534
$0 $101,256,900
0.00%
0
0.00%
$0
$0
$0
100.00%
74
100.00%
$1,368,336
$514,500
$398
AVON 0090 Benchmark Rd Suite 205 P O Box 3480 Avon, CO 81620 ph: (970) 949-5099 fax: (970) 949-4892
Copyright Š 2009 Land Title Guarantee Company. All rights reserved .
EAGLE 65 Market Street Suite 4 P O Box 4420 Eagle, CO 81631 ph: (970) 328-5065 fax: (970) 328-5064
Compliments of: Trevor Theelke 970-328-1465 ttheelke@ltgc.com